Word: budgeting
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...Sydney Opera House. “It’s my favorite building,” he said. “But at the same time, I hate the project. The Sydney Opera House is a megaproject disaster.” Flyvbjerg, a professor at Aalborg University, discussed the budget overruns that are common to large infrastructure projects, or megaprojects, at Harvard’s Graduate School of Design last night. According to Flyvbjerg, nine out of every 10 infrastructure projects have these fiscal problems. “So don’t believe that all projects have cost overrun...
House Committees may be receiving $800 more than they did last fall from the Undergraduate Council. The Council presented a provisional budget this past Sunday that notes that the 12 HoCos will receive approximately $5,400 from the UC in upfront funding. Dudley House will receive a smaller increase that is proportional to its size. The Council is expected to pass the measure next Sunday after it has gone before the Finance Commitee (FiCom). UC Treasurer Anthony R. Britt ’10 said the UC’s overall budget increased by 11 percent this year. Britt said...
...Washington may be forced to abandon its current easy-money policies sooner than expected, in part because of the looming budget realities of big entitlement programs like Social Security and Medicaid. But for now, big spending will continue to be the order of the day. "There's a recession," says Richard Kogen, a senior fellow at the Center on Budget and Policy Priorities who spent 21 years as a staffer on the House Budget Committee. "Recessions temporarily increase the deficit. A couple of years after they're over, everything returns to where it was before." The next President no doubt...
...year. Maia Usui ’11, a UC representative who has championed the program, said she hopes a trial will begin before winter break. The newspaper program would likely cost $4 to $6 per student per year. Funding could come from the UC’s budget of student activities termbill fees, the College, or both. “The ideal situation would be that we would be able to pay for this from other sources on campus,” Usui said. USA Today currently provides newspapers to nearly 500 colleges across the country, including Cornell, where...
...could be solved if the government department responsible for welfare payments, the Department for Work and Pensions (DWP), met its target by providing the funeral payments within 16 days of application. But, he claims, the country's financial woes have left that Department understaffed. The DWP has seen its budget cut by 5.6% over three years in real terms, and recently announced thousands of layoffs. (The DWP, for its part, blames the delays on erroneously completed application forms...